SPDR Portfolio MSCI Global Stock Market ETF (NYSEARCA:SPGM) Reaches New 12-Month High at $61.25

SPDR Portfolio MSCI Global Stock Market ETF (NYSEARCA:SPGM)’s share price hit a new 52-week high during mid-day trading on Friday . The company traded as high as $61.25 and last traded at $61.23, with a volume of 9900 shares changing hands. The stock had previously closed at $60.89.

SPDR Portfolio MSCI Global Stock Market ETF Stock Performance

The stock’s 50-day simple moving average is $59.85 and its 200-day simple moving average is $57.92. The firm has a market capitalization of $796.22 million, a PE ratio of 19.77 and a beta of 0.95.

Institutional Trading of SPDR Portfolio MSCI Global Stock Market ETF

Hedge funds have recently modified their holdings of the business. C M Bidwell & Associates Ltd. boosted its holdings in shares of SPDR Portfolio MSCI Global Stock Market ETF by 14.1% during the 4th quarter. C M Bidwell & Associates Ltd. now owns 3,568 shares of the company’s stock valued at $197,000 after buying an additional 442 shares in the last quarter. Private Trust Co. NA boosted its holdings in shares of SPDR Portfolio MSCI Global Stock Market ETF by 2.7% during the 4th quarter. Private Trust Co. NA now owns 7,359 shares of the company’s stock valued at $407,000 after buying an additional 195 shares in the last quarter. Finally, Edge Capital Group LLC bought a new stake in shares of SPDR Portfolio MSCI Global Stock Market ETF during the 4th quarter valued at $495,000.

SPDR Portfolio MSCI Global Stock Market ETF Company Profile

The SPDR Portfolio MSCI Global Stock Market ETF (SPGM) is an exchange-traded fund that is based on the MSCI AC World IMI index, a market-cap-weighted index of global stocks covering 99% of the developed and emerging markets capitalization. SPGM was launched on Feb 27, 2012 and is managed by State Street.